Motor Fuel Prices: Retail Gasoline Prices

Motor Fuel Prices: Retail Gasoline Prices

Gasoline prices are an important cost component of highway transportation. Changes in gasoline prices affect the demand for highway transportation, especially as can be seen in vehicle-miles traveled. In the United States, motor gasoline prices follow world crude oil prices more closely than motor diesel prices.

Retail
Gasoline Prices (Regular Grade)

5-Oct-09

12-Oct-09

Average regular grade,
all formulations (Current dollars per gallon, including all taxes)

2.47

2.49

Percent change from
previous week

-1.24

0.85

SOURCE: U.S. Department of Energy, Energy Information Administration, Weekly Retail Gasoline Prices, available at http://eia.doe.gov/ as of October 2009.